PICC
References
in ARTICLE 11.1.8 PICC

PICC  
UNIDROIT Principles of International Commercial Contracts 2016

Zivilrecht

Int. Privat- & Wirtschaftsrecht

(1) A decision by a court as to the liability to the obligee of one joint and several obligor does not affect:
(a) the obligations to the obligee of the other joint and several obligors; or
(b) the rights of recourse between the joint and several obligors under Article 11.1.10.
(2) However, the other joint and several obligors may rely on such a decision, except if it was based on grounds personal to the obligor concerned. In such a case, the rights of recourse between the joint and several obligors under Article 11.1.10 are affected accordingly.
Source: UNIDROIT
Imported:
Here are your Documents and notes
Create a new Document or Note using the toolbar above the legal text.
Open an existing Document or Note from the right-hand column or directly in the text.
Documents
for Int. Privat- & Wirtschaftsrecht
notes
for ARTICLE 11.1.8 PICC
No notes available.